tiprankstipranks
Trending News
More News >

Lagardère SA Achieves Robust Refinancing Milestone

Lagardère SA Achieves Robust Refinancing Milestone

Lagardere SCA (FR:MMB) has released an update.

Confident Investing Starts Here:

Lagardère SA has completed a major refinancing of its financial debt, securing a €1.95 billion package that includes bank loans and shareholder loans from Vivendi SE, as well as a new revolving credit facility. This move, supported by 18 top banking groups, not only extends the maturity of the company’s debt but also strengthens its long-term financial position. The successful refinancing underscores the market’s confidence in Lagardère’s future prospects and development strategy.

For further insights into FR:MMB stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App